Willing New Energy Balance Sheet Health
Financial Health criteria checks 2/6
Willing New Energy has a total shareholder equity of CN¥1.1B and total debt of CN¥440.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥1.9B and CN¥866.4M respectively.
Key information
40.9%
Debt to equity ratio
CN¥440.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥59.09m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥866.39m |
| Total assets | CN¥1.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002667's short term assets (CN¥558.7M) do not cover its short term liabilities (CN¥613.8M).
Long Term Liabilities: 002667's short term assets (CN¥558.7M) exceed its long term liabilities (CN¥252.6M).
Debt to Equity History and Analysis
Debt Level: 002667's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 002667's debt to equity ratio has increased from 0.02% to 40.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002667 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002667 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.2% each year